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INSIGHTS
VACANCIES COST

EARLY RECRUITMENT IS KEY

Not finding the employees the company needs is expensive. The company can lose revenue due to missed deals, employees who have to do more with less resources, costs of mistakes when employees have too much to do, etc. Calculations show that a vacant position can cost up to SEK 6,000 per day and for senior key roles the cost can be significantly higher than that.

Often, companies postpone recruitment and start the process in a situation where it has suddenly become urgent. It is better to be out in good time when possible, to avoid vacancies. Also make sure to keep the recruitment process short so that you get a new person in place as quickly as possible and minimize the risk of losing candidates along the way.

Sources: Morgan McKinley, Officevibe, CoGig's own research

MORE INSIGHTS FOR

RECRUITMENT OF THE FUTURE

For over a decade, we've helped companies recruit for the future by focusing on talent's potential, rather than just historical merit. Read more about our insights on how you can create equal and inclusive teams that promote both innovation and sustainable growth.

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